40 Shining Willow Court, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N14091424
About this home
In short
- Welcome To This Exceptional Custom Home In Prestigious South Richvale, Situated On A Quiet Cul-De-Sac.
- Offering Approximately 3,571 Sq.
- Above Grade, Five Spacious Bedrooms, And Over $300,000 In Upgrades, This Home Combines Elegant Design With Everyday Comfort.
- The Open-Concept Main Floor Showcases Impressive 10-Foot Coffered Ceilings, European Hardwood Flooring, Pot Lights, And Expansive Windows That Fill The Interior With...
Welcome To This Exceptional Custom Home In Prestigious South Richvale, Situated On A Quiet Cul-De-Sac. Offering Approximately 3,571 Sq. Ft. Above Grade, Five Spacious Bedrooms, And Over $300,000 In Upgrades, This Home Combines Elegant Design With Everyday Comfort. The Open-Concept Main Floor Showcases Impressive 10-Foot Coffered Ceilings, European Hardwood Flooring, Pot Lights, And Expansive Windows That Fill The Interior With Natural Light. A Sophisticated Kitchen Features Sintered Stone Countertops, Upgraded Cabinetry, A Sub-Zero Refrigerator, Wolf Gas Stove, And Built-In Stainless Steel Dishwasher. Generous Living And Dining Areas Provide An Inviting Setting For Entertaining, While The Family Room Offers Comfortable Space To Gather. Upstairs, Five Well-Appointed Bedrooms And A Convenient Laundry Room Accommodate Family Living. Enjoy Outdoor Areas, Including A Side Yard And Backyard With A Covered Deck. A Spacious Mudroom Connects To The Built-In Two-Car Garage, With Extended Driveway Creating Five Parking Spaces In Total. Conveniently Located Near Langstaff GO, Mackenzie Richmond Hill Hospital, Schools, Shopping, And Everyday Amenities
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14091424
- Bedrooms
- 5
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 40.32 × 126.68 ft
- Cross streets
- Yonge & 16th
- Parking
- 2 garage · 5 parking (built-in)
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,937 / 2026
- Days on market
- 1
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
coffered ceiling(s) · large window · fireplace
large closet · large window · hardwood floor
combined w/dining · hardwood floor · pot lights
w/o to yard · combined w/kitchen · tile floor
Quartz Counter
open concept · stainless steel appl · quartz counter
combined w/living · hardwood floor · pot lights
hardwood floor · closet · window
hardwood floor · walk-in closet(s) · 6 pc bath
walk-in closet(s) · large window · hardwood floor
large closet · large window · hardwood floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $630/sqft; this home lists at $680/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
South Richvale, Richmond Hill, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,312,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,783
- Property tax
- $1,078
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,862
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,725
- Estimated closing costs
- $58,725
Plus your down payment of $578,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $767,007
- Principal paid down
- $282,484
- Interest paid
- $484,523
- Balance remaining
- $2,029,516
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.